Pin It

OTCs Not Tax Free in 2011 

  If you have a tax-deferred flexible spending arrangement (FSA) or health reimbursement arrangement (HRA), you might want to stock up on over-the-counter (OTC) medications before Dec. 31. The Affordable Care Act has changed rules governing these accounts for 2011, and OTC medications such as pain relievers and sinus and allergy medicines no longer will be eligible for reimbursement unless your doctor writes a prescription for them, even if they are available off the shelf without a prescription.

  The new rules do not affect reimbursement for insulin with or without a prescription, devices such as crutches or medical supplies such as bandages. These items still will be reimbursed without a prescription. For more information about the new rules, visit,,id=227308,00.html. —Kandace Power Graves

Pin It


Subscribe to this thread:

Add a comment

Submit an event Jump to date

Latest in New Orleans Health and Wellness

More by Kandace Power Graves

  • How to care for exotic pets

    • Dec 5, 2016
  • The big bar guide: more than 400 places to find a drink

    Dive bars, sophisticated sipping spots and everything in between in and around New Orleans
    • Nov 14, 2016
  • Gambit’s 40 Under 40, class of 2016

    Saluting the 19th class of the city’s brightest innovators, artists and professionals
    • Oct 31, 2016
  • More »

© 2016 Gambit
Powered by Foundation